Elon Musk’s xAI raised USD 20bln in a funding round that doubled its valuation, according to FT
Elon Musk's xAI successfully raised USD 20 billion in a funding round that has doubled its valuation, according to the Financial Times.
NVIDIA (NVDA) CEO says Chinese demand for its AI chips is quite high and H200s are flowing, according to WSJ
US says military is among 'options' to acquire Greenland and annexation of semi-autonomous territory from Denmark is ‘national security priority’, according to FT
Elon Musk’s xAI raised USD 20bln in a funding round that doubled its valuation, according to FT
US Secretary of State Rubio told lawmakers that US President Trump aims to buy Greenland, and downplayed military action, according to WSJ
US Private Inventory Data (bbls): Crude -2.8mln (exp. +0.5mln), Distillate +4.9mln (exp. +2.1mln), Gasoline +4.4mln (exp. +3.2mln), Cushing +0.7mln
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This significant capital influx not only highlights investor confidence in AI technologies but may also lead to further valuations and acquisitions in the tech sector, potentially affecting the broader equity markets as they react to innovation-oriented funding.
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